Segway owner's IPO success opens new path for Chinese listings

Ninebot shares gain as much as 163% in debut on STAR Market

20201029 SEGWAY-NINEBOT

Ninebot President Wang Ye unveils the semi-autonomous scooter KickScooter T60 at a product launch event in Beijing last year. © Reuters

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

HONG KONG -- Ninebot, owner of the Segway scooter brand, soared in its debut on Shanghai's STAR Market on Thursday, heralding a new path to listing for Chinese companies.

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